The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday permanently approved taxi flag-down rate of P30 after a year of provisional rollback.
LTFRB Chairman Winston Ginez said the new rates will take effect on March 19, 2016 nationwide, except Cordillera Administrative Region (CAR) where the flag-down rate will be lowered from P35 to P30.
Under the ruling signed by Ginez and board members Ariel Inton and Ronaldo Corpuz, from P3.50 per succeeding 300 meters, ordinary taxis will now charge P3.50 per succeeding 500 meters.
The P3.50 per 120 seconds rate for waiting time will now be P3.50 per 90 seconds.
Cabs in CAR will be charging P2 for every succeeding 400 meters instead of the previous P2 per succeeding 200 meters. From the original P2 per 90 seconds rate for waiting time, it will be P2 per 60 seconds. CAR cabs will still charge P2 for the first 400 meters.
The LTFRB also ordered airport taxis permanent flag-down rate to P60 for the first 500 meters; P4 for every succeeding 500 meters; and P4 for the waiting time per 90 seconds.
“The favorable effects of the steady and steep downtrend of crude prices which are being enjoyed by transport operators and drivers must also be passed on to the commuting public,” Ginez said.
The LTFRB will recalibrate taxi meters based on the new rates. The taxi meters calibration schedules for the month of April are taxis with plate numbers ending at 4, 9 and 2. Taxi calibration of meters for taxis with plate numbers ending at 5, 7 and 0 will be calibrated in the month of May. In June, taxis with plate numbers ending at 1, 3, 6, and 8 will have their meters calibrated.
Ginez said that those who will fail to comply will be fined P5,000.
The LTFRB also urged Transport Network Companies (TNC) Grab and Uber to review their rates. Ginez said they may adjust TNC’s rates if necessary.
Transport groups Angat Tsuper Samahan ng mga Tsuper at Operator ng Pilipinas Genuine Organization Transport Coalition (STOP & GO), Inc. filed the petition to revert back to the previous taxi flagdown rate. Transport group Dumper Philippines Taxi Drivers Association, Inc., meanwhile, filed for the cancellation of Order on the Provisional P10 discount of taxi flagdown nationwide.